Job Offer – European Banking Authority – France

The European Banking Authority (EBA) is looking for establishing a talent pool for the position of  Market Risk Expert. EBA’s mission is to contribute to the stability and effectiveness of the European financial system through simple, consistent, transparent, fair regulation and supervision that benefits all EU citizens.

Key purpose

As a member of the Prudential Regulation and Supervisory Policy (PRSP) Department, the Market Risk Expert reports to the Head of the Risk-Based Metrics Unit (RBM). The Expert contributes either to the EBA’s policy work on market risk, including counterparty credit risk, market infrastructures or to the EBA’s validation/supervision work of pro forma initial margin models under EMIR. The Market Risk Expert also contributes to other works of the Prudential Regulation and Supervisory Policy Department with particular reference to the areas covered by the Risk-Based Metrics Unit, including the areas of credit and operational risk, investments and securitisation.

Main responsibilities

• Contribute to and coordinate aspects of the EBA’s work on market risk, including counterparty credit risk, market infrastructures and/or the validation of pro forma initial margin models under EMIR;
• Provide analytical support to the design of methods, tests and metrics for the assessment of the standardised approach and internal model approach under the Fundamental Review of the Trading Book and/or the validation of pro forma initial margin models under EMIR, as well as to the organisation of data collections;
• Ensure effective coordination and cooperation with EU and national authorities, with the aim of developing common views;
• Provide support to internal committees and subgroups and their chairpersons;
• Participate/represent the EBA at external events on a technical level by providing specific expertise;
• Support and contribute to the other activities of the Prudential Regulation and Supervisory Policy Department and the Risk-Based Metrics Unit.

Eligibility criteria

To be considered eligible, candidates must satisfy all the criteria listed below by the deadline for submitting applications:

General

• Be a national of a Member State of the European Union or Iceland, Liechtenstein, Norway, and enjoy your full rights as a citizen;
• Have fulfilled any obligation imposed on you by the laws concerning military service;
• Have the appropriate character references as to your suitability for the performance of your duties;
• Be physically fit to perform the duties linked to the post;
• Have a thorough knowledge6 of English and a satisfactory knowledge of another official language of the European Union.

Essential criteria:

•  At least a Master’s degree in a relevant field, such as quantitative economics, financial mathematics, quantitative finance, financial engineering, and/or actuarial sciences;
• Knowledge and/or experience in EU banking regulation (e.g. CRR) and/or supervision and/or research in a relevant field, preferably in topics related to market risk, including work related to the Fundamental Review of the Trading Book and OTC (over-the-counter) derivatives;
• Knowledge and/or experience in one or more of the following areas: valuation of financial instruments, quantification/modelling of market risks, developing or supervising market risk internal models;
• Experience in drafting reports and/or policies – please give specific examples of the documents you have drafted in your applicatio.

Advantageous criteria:

• Knowledge and/or experience in the analysis of data, such as supervisory reporting or financial time series data, using statistical software such as SAS, Python or R – please give specific examples in your application;
• Experience in a European, international and/or multicultural working environment.

BENEFITS

Your contract will be for a duration of three (3) years and can be extended for additional three (3) years. Any further extension would be indefinite.

You will be recruited as Temporary agent 2(f) in grade administrator (AD) 5, either in step 1 or 2 (with basic salary of 5,973.44 € in step 1 or 6,224.44 € in step 2), subject to an annual review of remuneration provided for in Article 64 and Article 65(1) of the Staff Regulations. Salaries are subject to a Union tax deducted at source and are exempt from national taxation.

In addition to the basic salary, you will be entitled to a correction coefficient applicable to France (currently 114.2%) reflecting the living conditions of the city. You may be entitled to, depending on the individual family situation and the place of origin to: expatriation allowance (16% of the basic salary), household allowance, dependent child allowance, education allowance, pre-school allowance, installation allowance, reimbursement of removal costs, initial temporary daily subsistence allowance, and other benefits.

You will be provided with a comprehensive health insurance coverage: the Joint Sickness Insurance Scheme (JSIS) is offering a very wide coverage of healthcare services, as well as accidents and maternity.

You will also benefit from work-life balance with teleworking flexibility, learning and development opportunities such as language trainings, as well as social integration (such as the EBA Social and Sport clubs), canteen facilities, public transports financial contribution and free access for children to the European school in Paris.

Deadline: 17 of December 2025.

For more information: European Banking Authority